Subjective Questions on M Ltd took over assets of Rs 9 00 00 000 and liabilities of Rs 70 00 000 of S Ltd and issued 8 Deben........... for Commerce 12th Preparation

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Subjective Questions

M Ltd took over assets of Rs 9 00 00 000 and liabilities of Rs 70 00 000 of S Ltd and issued 8 Deben...........

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    M.Ltd. took over assets of Rs 9, 00, 00,000 and liabilities of Rs 70, 00,000 of S.Ltd. and issued 8%Debenture of Rs 100 each. Record necessary entries in the books of M. Ltd.     (3 marks)

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